What type of economic system is used in the Philippines and how has it been beneficial to the country?

Economic communism fascist theory involves the management of economic departments by governments or personally controlled organizations (enterprises). In theory, each trade union or employment company will represent occupational problems, especially by negotiating labor contracts. In theory, this method can promote harmony between social classes. However, the authors point out that historical de facto economic portfolioism has been used to reduce opposition and reward political loyalty.

Various economic departments such as health, energy, housing, telecommunications, agriculture, etc. are regulated by domestic largest enterprises and industry collusion.

This is not good for the Philippines because the economic system has become a tool to reward political loyalty.

Protective constitutional provisions that restrict foreign investment of Philippine companies, Philippine partners (Article 12 - National Heritage, Articles 10 and 11) to 40% and owning 60% Protect investment Finally dominate dominance at the expense of Philippine consumers and job seekers

There is no advantage to dividing a family. Bread Winner must go abroad to provide family with a decent quality of life.

The University of the Philippines is the only Philippine university included in the list of the top 1000 universities in the world. As the only national university in the country, the University of the Philippines (UP) system is proud of academic excellence, outstanding research, public service, modern facilities and is a pioneer of higher education. UP score is 30.60 points, this year's world ranking is 601-800 brackets. Times Higher Education offers 20 ways to promote or strengthen college world rankings. One is to change employee incentives, find the best leader, and manage the quality of education.

The University of the Philippines (UP) is a public university system consisting of seven universities with 15 campuses in practice, ranking 367 in the world university ranking in 2018 and 75 in Asia. Its main campus and executive seat are approximately 22,765 students at the University of the Philippine University Diriman in Quezon City. UP was founded in 1908 by the colonial government of the United States, has since earned high reputation and is known as the top university in the country. Currently ranked among 150 international English and literature universities in the world, ranked among the top 250 social sciences and administrative schools in the world.